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The disadvantage of using credit ratings is that they. a. have considerable predictive value b. allows for cross country comparisons across time c. observe a

The disadvantage of using credit ratings is that they.

a.

have considerable predictive value

b.

allows for cross country comparisons across time

c.

observe a smooth risk evolution across time

d.

reduce all the factors into one rating

e.

cross country comparisons are too easy

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